GREY:PRCNF - Post by User
Comment by
Toelderon Jan 26, 2020 9:11am
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Post# 30599799
RE:Pure thoughts- keep it clean!
RE:Pure thoughts- keep it clean!Smokeater2018 wrote: Hi Longs.. Just my thoughts while watching my kids lacrosse practise: We are in at a good price point with PURE it is a riskier play but i think it will eventually move those few cents for a quick turnover .. the alumina deal... the positive out of it is that they get money if they attain 32 million market cap which is roughly 3 times there current market cap... this means the share price should be way higher ...so they have to start doing somehting to get that incentive...yes it will dilute the shares since they are taking that percentage etc but the price has to move to attain it.. i wanna find a deeper article on the deal but overall thats what it looks like... Well let me know if I am on the tight track- what am I not seeing? Good luck this week. The Smokeater Knows..
Forget the Alumina deal! They only took like 200k from the possible 8M. Maybe they will take a little bit more but not more than 500K in total.
Non-dilutive financing deal (which are different financing options put together by Pure) is coming soon which is very good news for us investors.